A new “I Paid A Bribe” endeavor in India seeks to find out the market price of corruption. Deutsche Telekom Chief Executive Rene Obermann said the bribery allegations against him are baseless. The FATF told Nepal it had better come up with an effective anti-money laundering policy, or it will be ostracized from the global economy. Former Iranian President Akbar Hashemi Rafsanjani told Iranian officials to not treat sanctions as “jokes.” South Korea’s Kia Motors stopped exporting cars, including the popular Pride model, to Iran amid the country’s sanctions.

About Corruption Currents

Corruption Currents, The Wall Street Journal’s corruption blog, digs into the ever-present and ever-changing world of corporate corruption. It is a source of news, analysis and commentary for those who earn a living by finding corruption or by avoiding it. Corruption Currents is written by Christopher. M. Matthews and Sam Rubenfeld and edited by Nick Elliott.

Some posts in Corruption Currents are free but others, denoted by a key symbol, require a subscription.